BJs Wholesale Club Holdings Inc (BJ) SVP Sells $557,736.00 in Stock

BJs Wholesale Club Holdings Inc (NYSE:BJ) SVP Graham Luce sold 23,239 shares of the firm’s stock in a transaction that occurred on Thursday, January 10th. The stock was sold at an average price of $24.00, for a total transaction of $557,736.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of BJ stock opened at $23.78 on Friday. BJs Wholesale Club Holdings Inc has a 52-week low of $19.31 and a 52-week high of $32.92.

BJs Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Tuesday, November 20th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.04. The business had revenue of $3.22 billion for the quarter, compared to analysts’ expectations of $3.16 billion. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.25 earnings per share. On average, equities research analysts expect that BJs Wholesale Club Holdings Inc will post 0.95 earnings per share for the current year.

A number of hedge funds have recently modified their holdings of the stock. Amica Retiree Medical Trust purchased a new position in BJs Wholesale Club in the third quarter worth $114,000. Tower Research Capital LLC TRC purchased a new position in BJs Wholesale Club in the third quarter worth $169,000. Janus Henderson Group PLC grew its holdings in BJs Wholesale Club by 20.0% in the third quarter. Janus Henderson Group PLC now owns 60,000 shares of the company’s stock worth $1,607,000 after purchasing an additional 10,000 shares during the last quarter. Jane Street Group LLC purchased a new position in BJs Wholesale Club in the second quarter worth $280,000. Finally, Strs Ohio purchased a new position in BJs Wholesale Club in the third quarter worth $334,000. 82.90% of the stock is currently owned by institutional investors.

A number of equities analysts have recently commented on BJ shares. Northcoast Research started coverage on shares of BJs Wholesale Club in a research report on Tuesday, September 25th. They set a “buy” rating and a $38.00 target price on the stock. Citigroup started coverage on shares of BJs Wholesale Club in a research report on Tuesday, October 2nd. They set a “buy” rating and a $31.00 target price on the stock. Morgan Stanley reaffirmed a “hold” rating and set a $30.00 target price (up from $28.00) on shares of BJs Wholesale Club in a research report on Thursday, October 11th. Zacks Investment Research raised shares of BJs Wholesale Club from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Tuesday, October 16th. Finally, Oppenheimer started coverage on shares of BJs Wholesale Club in a research report on Wednesday, October 17th. They set a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. BJs Wholesale Club has an average rating of “Buy” and an average price target of $29.85.

TRADEMARK VIOLATION NOTICE: “BJs Wholesale Club Holdings Inc (BJ) SVP Sells $557,736.00 in Stock” was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://www.dispatchtribunal.com/2019/01/12/bjs-wholesale-club-holdings-inc-bj-svp-sells-557736-00-in-stock.html.

About BJs Wholesale Club

BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.

Read More: Why is Cost of Capital Important?

Receive News & Ratings for BJs Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJs Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply